businessmanager eletter Vol15 No2 BizMan

10 Reasons You Were Meant to Be a Business Manager

Vol. 15 No. 2

The Business Office has some of the most diverse hats to wear within private school administration. HR, insurance compliance, facilities upkeep, cash flows, and reports—your office is the hub of compliance and the nitty-gritty details of what makes your school tick beneath the surface.

Between the many spontaneous emergencies that crop up at the worst possible moments and the immoveable deadlines you must reach, it can be difficult to recall why you signed up for this job in the first place. But, that's why we’re here to remind you of the great parts of your job.

businessmanager eletter Vol14 No1 healthASK

Ask ISM's Health Care Reform Specialist

Vol. 15 No. 1

Q. As I began preparing paperwork for the new school year, I noticed that our school has two employees who will be turning 65—and so become newly eligible for Medicare. Is there anything that the school needs to do?

businessmanager eletter Vol15 No1 mentor

Setting Up An Effective Mentor Program

Vol. 15 No. 1

With the start of a fresh school year comes the opportunity to incorporate new programs and incentives for your faculty and staff. If your culture doesn’t already incorporate a mentoring program, we strongly encourage you take advantage of the new academic year to instill one. The benefits greatly outweigh the pains of initiation.

businessmanager eletter Vol15 No1 ideastrin

9 Items New Business Managers Should Keep in Mind

Vol. 15 No. 1

Is this your first year at a private-independent school as a brand-new Business Manager? Are you feeling overwhelmed with the start of the school year? To help you get the jump on things and stay focused on your job, here are nine items to keep in mind in your first few months in your new position. (In fact, even seasoned Business Managers would do well to keep these thoughts forefront in their minds!)

businessmanager eletter Vol14 No10 overtime

The New—and Official!—Overtime Regulations for Private Schools

Vol. 14 No. 10

We’ve been expecting this particular overtime rule adjustment for over a year now. Finally, on May 18, President Obama published the final rule and officially increased the new minimum salary requirement. While the minimum has been lowered from a previously suggested $50,000+ annual pay to $47,476, this increase is still over twice the current effective minimum threshold to qualify as overtime-exempt. This change goes into effect on December 1, and could profoundly impact your employees’ compensation.

Here, then, are four basic questions from private-independent schools on how the new rule might affect the school community—as a supplement to advice from your school’s legal counsel, of course!

businessmanager eletter Vol14 No1 healthASK

Ask ISM's Health Care Reform Specialist

Vol. 14 No. 10

Q: As I start new employee packages, what documents does the Affordable Care Act require that I include?

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